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Actuarial Exams P and FM

From the syllabus check and an approved calculator through every P and FM topic, a daily problem habit, timed mocks and exam day, to an actuarial internship plan.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Then open the Marketplace in the app, search for Actuarial Exams P and FM, and click Install. It goes into your own files, and works offline from then on.

What it installs.

1

Pillar

1

Area

50

Projects

200

Starter tasks

🎓 Finance & Business Certifications

Actuarial Exams P and FM

Passing the first actuarial exams, Probability (P) and Financial Mathematics (FM): calculus and probability refreshers, a practice problem bank, timed sittings and an internship plan.

  1. Current Exam P and FM syllabus and format check
  2. Choosing which exam to sit first
  3. Exam registration and test centre booking
  4. Approved calculator choice and set-up
  5. Study manual and question bank choice
  6. Exam fees and study costs plan
  7. Calculus readiness check for Exam P
  8. Week-by-week plan to the exam date
  9. Study hours and practice score log
  10. Daily practice problem habit
  11. Error log with weekly review
  12. Formula sheet rewritten from memory
  13. Spaced review deck for formulas and distributions
  14. Weekly timed mini-sitting
  15. Monthly plan check against the exam date
  16. Weekly study group session
  17. Syllabus and exam policy change watch
  18. Counting, conditional probability and Bayes for P
  19. Discrete distributions for Exam P
  20. Continuous distributions and transformations
  21. Deductibles, limits and insurance loss variables
  22. Joint distributions, covariance and the normal approximation
  23. Interest, discount and the force of interest
  24. Annuities, perpetuities and loan amortisation
  25. Bond pricing, yields and cash flow worksheets
  26. Duration, convexity and immunisation
  27. Spot rates, forward rates and interest rate swaps
  28. Financial calculator worksheet fluency
  29. Careless error checklist
  30. Question triage with skip, flag and return
  31. Weak-topic remediation sprint
  32. Changing study resources when scores stall
  33. Go or postpone decision three weeks out
  34. Full timed mock exams in the final month
  35. Final fortnight before the sitting
  36. Exam day at the test centre
  37. Result day and the next exam decision
  38. Second exam plan reusing the first
  39. Actuarial internship target list and timeline
  40. Actuarial CV with exam progress
  41. Internship application tracker
  42. Actuarial internship interview preparation
  43. Retake plan for P or FM after an unsuccessful sitting
  44. Self-study without an actuarial programme
  45. Sitting P and FM from the Caribbean
  46. Testing accommodations request
  47. First exam alongside a full course load
  48. Spreadsheet and code models of FM cash flows
  49. Simulating Exam P distributions in code
  50. Running a P and FM review session for younger students

Where it starts.

Each project arrives with its purpose, milestones and first tasks written out. Here is how the first three read.

Current Exam P and FM syllabus and format check

Exam P and Exam FM are set by the Society of Actuaries and recognised by the Casualty Actuarial Society, and syllabi, learning objectives and delivery rules change more often than study guides are reprinted. Spending an hour on the official exam pages before buying anything means your plan rests on this year's topic list, current fees and the real sitting windows, not a forum post from three years ago.

First tasks

  • Download the current Exam P and Exam FM syllabi from the SOA website
  • Copy each exam's topic areas and stated weight ranges into one note
  • Write the next two registration deadlines and testing windows in your calendar
  • Note the current fee, testing provider and approved calculator list
  • Check whether the CAS or another society you may join counts each exam

Choosing which exam to sit first

Most students sit P first because it builds on the calculus and probability courses they have just taken, but FM can come first if you have finished an interest theory or corporate finance module and probability is still a term away. Choosing deliberately, against your course timetable and the next sitting dates, saves a wasted sitting and puts a first pass on internship applications sooner.

First tasks

  • List the calculus, probability and finance modules you have finished or are taking
  • Mark which syllabus topics each module already covers
  • Estimate the study hours each exam would need from where you are now
  • Write down which exam you will sit first and the window you are aiming for

Exam registration and test centre booking

Registration and seat booking are usually two separate steps: you register and pay with the society, then book a date and seat with the testing provider, and popular centres fill weeks ahead near the end of a university term. Doing both early secures the date your whole study plan counts back from.

First tasks

  • Create or update your SOA account using the name on your photo ID
  • Register and pay for your first exam before the window closes
  • Book a date and seat with the testing provider
  • Save the confirmation and write the reschedule deadline in your calendar

Make it yours.

Install Actuarial Exams P and FM, then tell Aurum the date you're aiming for. It checks whether the plan fits the weeks you actually have.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Blueprints are general information to help you organise your own work. They are not medical, financial, legal or other professional advice. See the Terms.